Browsing: Business
Fintech took the lion’s share of startup funding, but startups across the board saw growth and other sectors are on the rise.
Flat6Labs, a MENA-focused venture capital firm, has launched the Startup Seed Fund to support early stage startups in Saudi Arabia.
Egyptian healthtech startup Yodawy has raised USD 16 million in the first close of its Series B round from regional and international investors.
Umba, a digital bank for emerging markets, has begun operations in Kenya, with a view to expanding across the continent.
STV aims to accelerate the growth of tech firms through equity and debt financing and has initial commitments of over USD 150 million.
Gameball, a customer intelligence and marketing CRM, has announced that it has raised USD 3.5 million from regional and international investors.
Tawseel, a Yemeni food delivery startup, has secured funding from Dubai’s Numu Capital and will scale its operations within Yemen.
Google for Startups will host a 12-week program starting in March to support selected female-led startups from across Africa.
The fourth edition of the Zurich Innovation Championship aims to attract startups looking to collaborate with Zurich on the future of insurance.
MNT-Halan raises USD 400 million in equity and debt financing from international and regional investors, with more to come.